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Report from Region Central Norway
| Interview round: | 2-2007 | | Interview period: | March 2007 |
Summary- All industries report solid growth. Growth appears to be strongest in the export industry and corporate services. The market outlook is generally positive, and all industries expect continued growth.
- Investment appears to be increasing in all industries, particularly in retail trade and the local government and hospital sectors.
- All industries report employment growth apart from retail trade and the public sector, where employment has been stable. Those industries reporting growth today expect it to continue in the period ahead.
- There is little idle production capacity, particularly in the building and construction sector and in corporate services. The most common production constraint is a shortage of labour.
- Generally higher wage growth is expected this year than in 2006, first and foremost in building and construction and services. Building and construction and the public sector expect higher growth now than in the previous round.
- A solid rise in selling prices is reported on balance. Growth appears to be strongest in building and construction and in services. Capacity and labour constraints now appear to be causing a strong rise in prices. Prices in retail trade and household services appear to be rising more moderately.
- Better margins are reported for suppliers to the petroleum industry, the service sector and building and construction. No industries are finding that margins are declining now.
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